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Everyone’s Waiting for Altseason… But Has Bitcoin Season Even Started Yet? | Daily Crypto Deep Dive

12 min•25 september 2026

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Everyone is talking about altseason. XRP is moving. Solana is moving. Smaller altcoins are beginning to outperform Bitcoin, and some indicators are flashing the strongest signs of an altcoin rotation we have seen in months.

But there is one problem.

Has Bitcoin even had its real run yet?

Bitcoin has recovered dramatically from its summer lows, but it is still well below its previous all-time high. At the same time, billions of dollars are flowing back into spot Bitcoin ETFs, Bitcoin dominance remains close to 60%, and institutional demand is accelerating again.

So are investors making a mistake by assuming Bitcoin is about to hand the market over to the altcoins?

In today’s Daily Crypto Deep Dive, we break down what “Bitcoin season” and “altseason” actually mean, why different altseason indicators are currently giving completely different signals, what Bitcoin dominance is telling us, and why this cycle could behave very differently from 2017 or 2021.

We also look at Bitcoin ETF inflows, ETH versus BTC, the latest analyst views, what would need to happen for a genuine broad altseason to be confirmed, and whether institutional Bitcoin demand could allow Bitcoin and altcoins to rally at the same time.

Maybe the biggest question in crypto right now isn’t when altseason begins.

Maybe it’s whether Bitcoin season has even really started.

Not financial advice. Always do your own research.

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